Mental training isn’t necessarily like physical training. “No pain – no gain” isn’t the way it works. Look, you could practice running faster, or just use a car, and if all you want is to get from here to there, the latter makes more sense. Similarly, brain “exercises” will strengthen the functioning of your brain, or you can just use better tools. That’s what this brain training is about – making a habit of using simple tools and techniques.
Mental Training In Simple Rules
Simple rules, used habitually, can enhance your brainpower. For example, if you’re considering investments, you can apply the “rule of 72.” It’s a formula for determining how long it takes to double your money. Divide the rate of return you expect into 72, and the result is the number of years it takes to double your money. If an account pays 6% interest, you divide 72 by 6 and you know that it will take about 12 years to double your money. The rule is based on the compounding of interest, and assumes that you reinvest all interest or investment income.
Real estate investors use simple rules such as...